Property prices for sale in Adelong (New South Wales)
The prices in real estate in Adelong, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Adelong has increased strongly during the last 6 months. In October, the average price per m² was $467. In the following month the price per m² increased considerably to $543. The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per m² has had a considerable increase of 6527 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $384.25 to $25,079 during February, and March.
Based upon to the price in Adelong (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $373,625. In November This price remains at $358,000. During the following two months (December, January) the average price had a considerable reduction of 61 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $293,656.25 to $228,000, which means a 78 % fall.
